HomeMARKETSSMART MONEYZimele Pension Plans To Receive Tier II NSSF Contributions

Zimele Pension Plans To Receive Tier II NSSF Contributions

Zimele Pension Plans – Zimele Personal Pension Plan and Zimele Guaranteed Personal Pension Plan – have been registered to receive Tier II contributions in accordance with the provisions of the NSSF Act No. 45 of 2013. This marks a significant step for Zimele in providing comprehensive retirement solutions clients.

The NSSF 2013 Act allows an employer to apply to pay their Tier II contributions to a registered retirement scheme like the Zimele Personal Pension Plans. This process is called Contracting Out.

Following the approval of the Zimele Pension Plans to accept Tier II contributions, Zimele clients can enhance their retirement savings by contributing to a platform that adheres to industry standards.

Zimele says its pension plans are designed to empower clients with a range of flexible options to meet their individual retirement needs. By enrolling in Zimele, individuals can take advantage of various investment strategies designed to grow their savings over time.

“We are delighted about the approval of the Zimele Pension Plans for Tier II contributions under the NSSF Act No. 45 of 2013,” said Mr Isaac Njuguna, Joint CEO of Zimele Asset Management, which is the Fund Manager of the Zimele pension schemes.

Mr Njuguna says Zimele provides a secure and flexible platform for individuals to save for their future.

“We would like to invite employers, employees and persons who are self-employed to choose the Zimele Pension Plans for their Tier II contributions,” Mr Njuguna says. “This achievement underscores our unwavering commitment to delivering innovative and robust retirement solutions to our clients.”

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